Molybdenum Powder Price - May 29, 2018

Chinese molybdenum market is in line for some consolidation amid the latest price of molybdenum powder, molybdenum oxide and ammonium heptamolybdate is unchanged from the previous trading day. Market trading performs poorly and traders are waiting for the new round of steel biddings.

In the molybdenum concentrate market, affected by limited production capability and relatively weak demand of terminal market, businesses become cautious; under the deadlocked supply and demand, ferro molybdenum manufacturers remain wait-and-see mentality; the environmental protection policy, demand and production cost work together, pressing molybdenum chemical and product market.

Prices of molybdenum products on May 29, 2018

Picture of molybdenum powder

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